I've really been enjoying little bigg so so convenient but uk banks have been putting blocks on buying crypto +bitcoin so I'm not able to buy what I want when I want. Someone pls help or if you have found the same thing, as I don't want to have to go back to street vendors in the peek of winter. Thanks.
I bank with nationwide but still pay the extra through revolut. My bestie actually works in money laundering for Nationwide and if you keep buying it, you will flag up as money laundering. Revolut have made me provide my personal details to buy the coin so I still use a wallet but don't buy direct with nationwide as its only a matter of time. I personally think you should be allowed to buy it, but I'm just sharing what I know
Nazi as in National Socialist yes. I don't share Farrage's weird world view BUT he doesn't advocate undemocratic methods (unlike Labour, SWP, Respect etc) so has the same rights to banking and free speech as the rest of us
I tried several times to pay through Revolut using bitcoin but it keeps 'failing' standard message says the reason is that if an account is 'flagged' it will not process .. argh .. I will keep trying .. it has been problematic before .. any advice welcome .. thanks
all I've been getting recently is card declines from them, then you gotta find another cryptosite and do all the 2FA super-passcoded bullshit all over again. tempted to ring them and just let them know everything is ok, got asked to call fraud line or something.
Someone below mentioned Coinbase and Paypal earlier and I had to use that option today. Santander have blocked crypto but with Coinbase there is an option to change the way you pay as long as you have a paypal account linked to the Coinbase account. Only spelling this out as there must be others like me that can't be arsed with crypto but have no choice but to know how to use it
I use Scamtander and occasionally have to call them to verify the transaction but they always allow it. Aside from websites like LB i also buy Porsche parts from breakers in Germany and US who accept BTC only and those transactions can be 1000s, Scamtander are more likely to stop the smallers one on LB or Hydra, Wall St etc
Iβm with Scamtander too and Iβve never had a problem. Iβve purchased crypto maybe 100+ times over the last few years. Small and large transactions.
A few of the big banks here in the UK are completely unfreindly to bitcoin and I've found Lloyds to be the worst. for me then, I just opened a Monzo account and I've set up a standing order each month to shift my 'spending money' (Β£500) to Monzo as soon as I'm paid. Monzo is completely crypto friendly, so you can buy the bitcoin you need with no issues from that account. I used to regularly be locked out of my lloyds bank account and spend hours getting it unlocked, just cause I bought crypto. Now I use Monzo I've never had an issue.
I buy into Coinbase via PayPal. The bank transaction shows PayPal and not Coinbase. Whether that helps or not I donβt know but I prefer it π€·π»ββοΈ
thanks, I was playing with it last night as my bank has now cut out crypto. So you can buy/sell crypto in the UK but can't send it to anyone or buy anything with it. I was able to pay for LB products via Coinbase by using Paypal as the payment option, so no need to buy the citcoin in advance on paypal
Donβt buy it direct from bank card just transfer what you need to a Coinbase account itβs an account number and sort code with your name on it then buy bit coin from that Coinbase account works for me everytime never any issues and hardley any fees few Β£ on like 200 change up
Hey buddy, I do this. But i worked something else out that saves any fees at all. Buy usdc stablecoin with the fiat you transfer. No fee to buy, and you can then convert to bitcoin via exchange with no fees. You only end up paying the transaction fee. I don't know where else you can essentially buy bitcoin with zero fees!
A lot of these have changed now because they can't control what you spend your money on. Try again, a few months ago i had the same but bought with that same bank last month. But i'd probably go the revolut route like suckyourgill suggested.
I use Santander who have blocked me many times. The trick is the exchange you use. Uphold for example have a uk bank address set up in your name so you just transfer to that like any other account in your name. You can then convert GBP to whatever you like.
im in the same boat my bank dosnt let me buy crypto even tho i was told on the phone today from the bank its not so i have tryed 3 diffrent sites and everyone the same no go
Nah, unfortunately we all pay to send- thatβs the miners blockchain fee!β¦itβs the big thing that has stopped btc being a true currency- who wants to pay a floating fee every time they buy something?! π€
Ah, sorry for the dumb question.+ thank you for your answer. I'm pretty much new to all this. Found this place start of May. So trying my best to make sure I'm not screwing it up somehow
No worries, I think everyone stresses with crypto to begin with! I used a couple of pretty horrible sites until settling on bitpanda. Once youβve done a few transactions the mist clears and itβs plain sailing from then on. Enjoy LB π
Hi all π i bank with Nationwide building society and use Bittylicious for bitcoin. Never had a problem in the 4 years ive been on here 100+ buys.. could possibly be Only a matter of time though unfortunately π Like most things.has a knock on affect.hopefully nothing changes with nationwide π₯΄